2022-07-01 07289610 2023-06-30 07289610 2022-07-01 2023-06-30 07289610 2022-06-30 07289610 2021-07-01 2022-06-30 07289610 uk-core:WithinOneYear 2022-06-30 07289610 uk-core:WithinOneYear 2023-06-30 07289610 uk-core:ShareCapital 2023-06-30 07289610 uk-core:ShareCapital 2022-06-30 07289610 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 07289610 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 07289610 uk-bus:Director1 2022-07-01 2023-06-30 07289610 uk-core:ComputerEquipment 2022-07-01 2023-06-30 07289610 uk-core:FurnitureFittings 2022-07-01 2023-06-30 07289610 uk-core:ComputerEquipment 2022-06-30 07289610 uk-core:FurnitureFittings 2022-06-30 07289610 uk-core:FurnitureFittings 2023-06-30 07289610 uk-core:ComputerEquipment 2023-06-30 07289610 uk-core:WithinOneYear uk-core:Secured 2023-06-30 07289610 uk-core:WithinOneYear uk-core:Secured 2022-06-30 iso4217:GBP xbrli:pure 07289610 uk-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 07289610 uk-bus:FRS102 2022-07-01 2023-06-30 07289610 uk-bus:FullAccounts 2022-07-01 2023-06-30 07289610 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
Massive Dynamic (UK) Ltd
Registered Number:07289610
For the year ended 30 June 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2023
Massive Dynamic (UK) Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07289610
As at 30 June 2023
Massive Dynamic (UK) Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,835
2,159
2
1,835
2,159
Current assets
62,859
Cash and cash equivalents
63,607
63,607
62,859
Trade and other payables: amounts falling due within one
year
(13,788)
(19,315)
3
49,071
44,292
Net current assets
Total assets less current liabilities
46,127
51,230
46,127
Net assets
51,230
Capital and reserves
Called up share capital
4
4
Retained earnings
46,123
51,226
46,127
51,230
Shareholders' funds
For the year ended 30 June 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
L. Ward Director
These financial statements were approved and authorised for issue by the Board on 20 March 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2023
Massive Dynamic (UK) Ltd
Notes to the Financial Statements
Statutory Information
Massive Dynamic (UK) Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07289610.
Registered address:
20 Queens Road
Urmston
Manchester
M41 9HO
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33% Straight line
Computer Equipment
15% Reducing balance
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Property, plant and equipment
Total
Computer
Equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 July 2022
5,362
1,283
4,079
At 30 June 2023
4,079
1,283
5,362
Provision for depreciation and impairment
At 01 July 2022
3,203
1,283
1,920
Charge for year
324
-
324
At 30 June 2023
3,527
1,283
2,244
At 30 June 2023
Net book value
1,835
-
1,835
At 30 June 2022
2,159
-
2,159
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5
For the year ended 30 June 2023
Massive Dynamic (UK) Ltd
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
8,765
11,765
Trade creditors
-
(1)
Taxation and social security
-
1,474
Accruals and deferred income
500
500
Directors' loan accounts
10,050
50
19,315
13,788
4. Average number of persons employed
During the year the average number of employees was 0
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